Oil Tanker Owners are Scrapping the Most Ships in Decades
The Global Fleet could be lacking of 100 million barrels of oil by 2020.
The average earning of VLCCs fell by 65 percent...
Port State Control to Focus on Ship Emissions
The agreement by major PSC regimes to conduct concentrated inspection campaigns in compliance with MARPOL Annex VI on the prevention of air pollution from...
How Can Fuel Contamination Exist When All Fuel is Tested to...
Speculation and Generalisation isn't good for addressing fuel contamination issues, advises IBIA.
Mostly, the contamination is due to lack of control of the...
[Watch] Crocodile ATTACKS Trainer and Nearly Bites His Arm Off
A HORRIFYING viral video has captured the moment a crocodile crunched down on a trainer’s arm in front of terrified spectators during a show...
Oil Industry Starts Eradicating Ship Fuel Supply Before IMO 2020
Increasing number of oil refineries have started to destroy stockpiles of sulfur-rich fuel that powers the merchant fleet in anticipation of a demand collapse...
Opportunities for UK Shipping Companies in South Australia
A major investment in new frigates and submarines by the Australian government has created long-term opportunities for UK and European businesses with relevant intellectual...
UK P&I Club Chooses Rotterdam as Hub
The British ship insurer UK P&I Club has chosen the Dutch city of Rotterdam to ensure continued access to trade in the European Union...
Fobas Alert: Contaminated Fuels from Singapore
FOBAS is currently investigating a number of samples bunkered in Singapore, which were ordered as ISO-F-RMG380 grade and met specification for table 2 of...
Baltic Exchange Shipping Insights
TANKER REPORT
VLCC
Marginal gains in the ME Gulf market, with rates for 270,000mt to China paying around WS 54. For USG discharge, ENI paid WS...
Reshaping Prosafe with COSCO
Prosafe has reached agreements with COSCO and its lenders which will transform the company’s fleet, market position and earnings potential, and secure a significantly...
Shipping Industry to Trial Blockchain-based Technology for Bunker Fuels
MBL to asses the blockchain ability in the shipping industry
An expert team from BLOC are on it.
It might help in establishing...
[Watch] Container Ship Intercepted at Sea with a Ton of Cocaine
On August 2, a container ship was intercepted by Colombian Navy and was discovered to have pure cocaine hidden onboard the ship.
What happened?
The container...
Svitzer Hermod to Refloat Grounded Vessel
A salvage plan drawn by a shipping company and a vessel's insurance company.
What happened?
The salvage plans chartered by the shipping company and the insurance...
Thun Tankers Adds Ship for Deliveries into Restricted Ports
A Dutch coastal shipping company has reached an agreement to increase its fleet strength by grabbing a 2011 built tanker.
What happened?
The Dutch coastal shipping...
NYK Set to Commercialize LNG Bunkering
NYK has signed a joint MOU with Kyushu Electric Power, Saibu Gas, and Chugoku Electric Power for Joint Discussions on LNG Bunkering in the...
Powerful Quake Kills 82 in Lombok Island, Thousands Flee Homes
Indonesia's Lombok Island was hit by a 7.0 magnitude earthquake on Sunday.
The earthquake left several buildings damaged including the airport.
At least...
Faulty Alteration of Course Resulted in Collision
Summary
At about 2030 on the evening of 22 January 2018, the 294 m container ship Beijing Bridge was about 29 NM off the southern...
[Watch] US and Allies Sink Ex-USS Racine with Missiles and Torpedoes
Live fire from an aircraft, a submarine, and land assets participating in the Rim of the Pacific (RIMPAC) exercise sink the decommissioned ex-USS Racine...
Scrubber Adoption Rate Varied by Vessel Type
Suezmax Tankers to run its vessels on 0.5pc sulphur bunkers instead.
Dry bulk carrier scrubber installations grew to 127 vessels.
Hapag-Lloyd and Maersk...
Stevedores Invade Ship, Arrested
Stevedores at Brazil’s Port of Santos invaded a CMA CGM container ship, in the latest in a series of strikes and protests affecting container...
